$SHIB

The recent Shiba Inu price collapse presents opportunities for investors to procure SHIH with lower capital as they await significant gains.

For context, SHIB has witnessed intense selling pressure since March 26, after it claimed a high of $0.00001566. Since then, the meme coin has witnessed multiple large intraday losses, culminating in a 24% collapse over the past two weeks.

However, this downturn is not unique to Shiba Inu, as the global financial market has also witnessed a bloodbath, with the global crypto market losing over $280 billion in valuation since March 26. SHIB is just one of the multiple victims of this market-wide crash.



Particularly, data from IntoTheBlock indicates that while investors (holding between 0.1% and 1% of Shiba Inu supply) have reduced their holdings, whales (holding over 1% of SHIB’s supply) and retail (holding less than 0.1% of the supply) have been adding to their balances since March 26 when the Shiba Inu price downturn began.

With Shiba Inu price currently trading at $0.00001196, investors with such ambition can amass the required tokens for less. For instance, they can procure the 11.11 billion SHIB for $132,888. If Shiba Inu price hits $0.00009, this $132,888 investment would grow to $1 million.

Meanwhile, those expecting Shiba Inu to claim $0.0005 can purchase 2 billion tokens for just $23,920. If Shiba Inu price increases 4,080% to hit $0.0005, this lowly $23,920 investment would yield $1 million. However, these returns depend on SHIB’s ability to reach these ambitious targets, which is not a guarantee.